This 7-page white paper explores specific activities that increase Cost-to-Serve in healthcare and presents ways in which providers and suppliers can enact change today to increase value and reduce costs through collaboration, citing specific examples from leading provider and supplier organizations…

Keeping up with the monumental changes in healthcare while trying to improve efficiencies and reduce costs may seem like an impossible task. That's where GHX Assessment Services come in. Our experts will assess your supply chain and build a design plan that supports your strategic goals to improve margins. You'll be poised to implement products and technology that help optimize the value of your supply chain while lowering project costs and risks.

Automating your invoicing process is an important part of the AP optimization equation, but technology alone won’t solve your business problem. Turn to GHX AP Optimization Services to help you achieve hard-dollar savings and reduce labor requirements by transforming your accounts payable function. Say goodbye to the days of paper-based processes plagued with errors and inefficiencies and hello to a well-tuned, efficient and highly automated operation.

To make your investment in e-commerce worthwhile, you need to reach the volume of transactions required to truly realize the benefits you expect—and need. Start seeing the results you’re looking for with GHX e-Commerce Acceleration Services. We’ll help you send up to 90 percent of your transaction volume through GHX in as little as 90 days for significant cost and labor savings.

Hospitals are investing more in value analysis activities as the U.S. healthcare market shifts from volume-based to value-based care. The item master can serve as the source of truth for product data used in value analysis efforts but only if the information contained within is accurate, complete an…

Vice President of North American Sales and Marketing

The Emergence of Just-in-Time Buying

If you’re a reader of healthcare trades, you’ve likely seen the emergence of the acronym: JIT. This stands for “just-in-time” and it refers to just-in-time purchasing (as well as JIT buying or JIT inventory management) of products to keep supplies lean and costs low. As hospitals are challenged to reduce costs while dealing with major cuts in reimbursements, many of them are exploring JIT with keen interest.

In a recent article from Healthcare Finance News, reporter Chuck Green talked to hospitals and other industry experts about how JIT can help control supply chain costs, along with the potential benefits and risks involved. Don Spence, GHX’s vice president of corporate development, spoke to Chuck about how JIT purchasing can lower inventory carrying costs, and the areas that might pose potential risks. Representatives from Cardinal Health, Mercy and McKesson also contributed their perspectives to the piece.

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